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Excerpt
Can a Laissez-Faire Approach Fix Labor Market Inequality? James Heskett, March 4, 2015, Opinion. “A laissez-faire approach to fixing labor market inequality has widespread appeal, judging by responses to this month's column. For some it is an ideal, whether or not it can be achieved. As Vishwanath Pujar said, “Instead of an outside regulation, an internal governance on salary structure, which is based on a value that ‘Every employee should go home with a smile on his face’ will create win-win situations for employees and organizations” Allen added: “We need to get out of the 'shareholder value' mentality and get back to the 'stakeholder…” Link